Přehled o publikaci
2022
The ins and outs of Central European unemployment
FLEK, Vladislav; Martina MYSÍKOVÁ and Martin HÁLABasic information
Original name
The ins and outs of Central European unemployment
Authors
FLEK, Vladislav; Martina MYSÍKOVÁ and Martin HÁLA
Edition
Baltic Journal of Economics, Oxon, ENGLAND, ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD, 2022, 1406-099X
Other information
Language
English
Type of outcome
Article in a journal
Country of publisher
United Kingdom of Great Britain and Northern Ireland
Confidentiality degree
is not subject to a state or trade secret
References:
Marked to be transferred to RIV
No
Organization
Škoda Auto Vysoká Škola z.ú. – Repository
UT WoS
Keywords in English
worker flows, unemployment variance decompositionworker flows, labour market, Central Europe
Tags
International impact, Reviewed
Changed: 25/10/2023 09:49, Ing. Lada Honzáková
Abstract
In the original language
We examine the role of unemployment inflows and outflows in contributing to unemployment cyclicality in Czechia and Poland, using data from the European Union Statistics on Income and Living Conditions, and a three-state model of unemployment variance decomposition. We find that the labour market fluidity is higher in Poland than in Czechia, with Polish workers moving in and out of unemployment more frequently than their Czech counterparts. For both countries, the upward unemployment dynamics was during 2008-2011 driven by counter-cyclical increases in the job-separation rate, rather than by pro-cyclical declines in the job-finding rate. The inflow-outflow split was nonetheless more balanced in Czechia. The two economies further diverged across 2015-2018: Czech unemployment declined prevailingly due to diminishing job separations, while in Poland it was mostly due to improving job-finding prospects. This signals a deeper insider-outsider fragmentation of the Czech labour market, even during the period of economic expansion.
